Forma, founded in 2017 and headquartered in the United States, is an innovative player in the intersection of Enterprise Software, Health Care, Health and Wellness, and Human Resources. Their core offering—a life benefits platform, branded under their slogan “Benefits that flex to fit™”—empowers companies to craft flexible, globally relevant benefits programs tailored to employee needs.
The platform makes benefit management efficient by streamlining program administration and vendor integration for HR and Finance Teams. Employees gain access to a curated benefits marketplace, utilizing flexible spending accounts or filing claims with ease, ensuring a comprehensive and user-friendly experience. Analytics and a 24/7 support team bolster their ability to optimize these programs effectively.
In March 2022, Forma secured a $40.00M Series B investment, underscoring investor confidence from leading backers like AngelPad, Designer Fund, Ribbit Capital, and industry giants like Stripe, Jack Altman, and Tobias Lütke.